ecommerce Archives - Latest Retail Technology News From Across The Globe

All change at Alibaba as Ant Financial appoints Simon Hu as CEO

More change at Alibaba as Ant Financial appoints Simon Hu as CEO

December 20, 2019

Alibaba, Alipay, Ant Financial, Daniel Zhang, ecommerce, Jack Ma, Jeff Zhang, Simon Hu

Simon Hu has been appointed chief executive of Ant Financial in a boardroom shuffle. Alibaba, the world’s biggest retailer and its FinTech affiliate Ant Financial announced a raft of changes…

Mr Porter appoints new managing director

December 19, 2019

Ava Szajna-Hopgood

Ecommerce

ecommerce, fashion, Fiona Firth, Luxury, managing director, Mr Porter, Net-A-Porter, YNAP

No Comments

Mr Porter has named Fiona Firth as its new managing director. Firth has worked as buying director at the Yoox Net-A-Porter (YNAP)-owned luxury menswear website since 2016 when she joined…

November’s online sales jumped a whopping 54 per cent from October, marking the highest sales growth in 18 months thanks to Black Friday.

UK ecommerce sales rose at fastest pace on record in 2018

December 2, 2019

Ben Stevens

Ecommerce, Industry, News

ecommerce, Office for National Statistics, ONS

No Comments

Ecommerce sales by UK business grew by the largest amount since records began in 2018 topping £688 billion. Total ecommerce sales grew 18 per cent in the UK last year,…

New 3D body scanning platform creates personal avatar for customers from two photos

November 22, 2019

Ava Szajna-Hopgood

Artificial Intelligence, Augmented Reality, Ecommerce

3D, AI, avatar, customer avatar, e-commerce, ecommerce, fashion, Ferdinand Metzler, fitting room, meepl, returns, virtual reality changing room

No Comments

A new 3D body scanning solution can build a personal avatar for customers from just two smartphone photographs. Launched this week, meepl has been developed by engineering graduated at prestigious…

TikTok, YouTube and Instagram are set to be the “future of ecommerce” as short video sharing platforms continue to attract sellers.

TikTok enters online shopping market

November 18, 2019

Ben Stevens

News

action, Amazon, ecommerce, Influencer, Instagram, social commerce

No Comments

TikTok is “experimenting” with ecommerce as it begins allowing users to add links to their videos and bios directly to retail sites. The short-form social media app, which has amassed…

Black Friday scams are becoming more “sophisticated” with nearly a quarter of 18 to 34-year olds stating they’d fallen victim to fraud on the day.

Black Friday 2019 to see slowest growth on record “and may potentially even be completely flat”

November 14, 2019

Ben Stevens

Ecommerce, Industry, News

Christmas, ecommerce, IMRG, Online retail

Black Friday and Christmas trading peaks are unlikely to save online retail sales for the year coming significantly below expectations. IMRG predicted at the start of 2019 that the online…

Shopify Q3 revenue grows 45%

November 1, 2019

Ava Szajna-Hopgood

Companies, Ecommerce

Amy Shapero, Ebay, ecommerce, quarter, results, revenue, sales, Shopify, Tobi Lütke

No Comments

Shopify has reported a 45 per cent rise in third quarter revenue to $390.6 million, ahead of guidance for revenue between $377 million and $382 million. The Canadian e-commerce giant…

More than 9000 online retailers are suffering from significant financial “distress” as the retail storm which has dogged the high street this year spreads to companies without physical stores.

30% of retail sales to come through ecommerce by 2024

October 3, 2019

Ben Stevens

Ecommerce, Industry

ecommerce, Edge by Ascential

No Comments

Ecommerce will account for 30 per cent of global retail sales by 2024, while physical store openings will nearly half. According to a new report from Edge by Ascential, store…

Online retail sales see biggest fall since 2015

September 19, 2019

Ben Stevens

Ecommerce, Industry, News

ecommerce, Office for National Statistics, Online retail, ONS, retail sales

No Comments

Online retail sales volumes in August saw the biggest monthly fall since 2015, leading to an unexpected decline in overall retail sales in the UK. “Non-store” retailing, predominantly online shopping,…

Ecommerce retailers see more than 30 per cent of their traffic come from bots, as automated attacks on online retailers become more sophisticated.

30% of all ecommerce traffic comes from bots

September 19, 2019

Ben Stevens

Ecommerce, News, Security

bots, ecommerce, imperva, Online retail, security

No Comments

Ecommerce retailers see more than 30 per cent of their traffic come from bots, as automated attacks on online retailers become more sophisticated. Bot’s account for a staggering percentage of…

ecommerce

More change at Alibaba as Ant Financial appoints Simon Hu as CEO

Mr Porter appoints new managing director

UK ecommerce sales rose at fastest pace on record in 2018

New 3D body scanning platform creates personal avatar for customers from two photos

Black Friday 2019 to see slowest growth on record “and may potentially even be completely flat”

Shopify Q3 revenue grows 45%

30% of retail sales to come through ecommerce by 2024

Online retail sales see biggest fall since 2015

30% of all ecommerce traffic comes from bots

Is this the solution to the serial returns crisis?

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